CBN withdraws N110.5bln from circulation
Activities at the Open Market Operation (OMO) wing of the money market showed that the Central Bank of Nigeria (CBN) withdrew N110.5 billion from circulation last week. The News Agency of Nigeria (NAN) reports that the CBN also raked in N35.39 billion from the OMO and N75.11 billion on bills at the Primary Market Auction (PMA) respectively.
NURTW appoints Healthcare PHB for RAHIS
The National Union of Road Transport Workers (NURTW) has appointed Healthcare PHB Limited as the Health Management Organization (HMO) for its Road Accident Health Insurance Scheme (RAHIS).
CIIN still hunts for 5,000 graduates
As the Chartered Insurance Institute of Nigeria (CIIN) marches into the 51st year of its corporate existence, the institute is repositioning for the greater challenges ahead. Speaking to a Vanguard correspondent, Mr. Adegboyega Adepegba, Director General of the body said that it is a great challenge to consolidate on and sustain the gains and milestone of the last 50 years of the CIIN.
Poor asset quality: Operator supports risk management criteria
The Managing Director of Meridian Microfinance Bank, Lagos, Mr. Innocent Ezema, is advocating the use of risk management elements by operators in the microfinance sector.
Oceanic Bank will continue to lend and support projects —Aboh
Managing Director of Oceanic Bank International Plc, Mr. John Aboh, has said that the bank would continue to lend and support the development of infrastructural projects across the country. He also assured customers of the bank of the safety of their deposits, saying the bank is safe and sound.
MEND raises alarm over fresh threat to ceasefire
*Accuses JTF of extra-judicial killing By Emma Amaize Port Harcourt- MOVEMENT for the Emancipation of the Niger-Delta (MEND), today, announced new threat to the 60-day ceasefire it declared on July 15 consequent upon the release of its leader, Henry Okah by the Federal Government. This is the second time the militant group is announcing threat […]
